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CSAA Insurance Group’s Excellent Rating Affirmed by A.M. Best


“A” rating underscores financial strength of AAA insurer


WALNUT CREEK, Calif., June 18, 2018 – CSAA Insurance Group, a AAA insurer, announced that A.M. Best has reaffirmed the company’s financial strength rating of A (Excellent) and outlook of stable, which is unchanged from 2017. The company has maintained a rating of A or higher for more than 90 years.

A.M. Best rated the company’s balance sheet strength as “strongest” in recognition of the company’s solid enterprise risk management program. It further cited positive trends in the company’s underwriting performance, excellent capitalization, strong liquidity and cash flow measures, and consistent and conservative reserving practices.

“Our rating assures members that we have the financial reserves to be there for them when they need us, now and in the future,” said CSAA Insurance Group President and CEO Paula Downey. “We will continue to optimize our recent technology investments to drive ever better operational efficiency and high value for AAA members.”

The A rating applies to the entire CSAA insurance Group, including subsidiaries. For more information about A.M. Best’s financial strength ratings, visit www.ambest.com/ratings.
 

CSAA Insurance Group
CSAA Insurance Group, a AAA insurer, offers automobile, homeowners and other personal lines of insurance to AAA members through AAA clubs in 23 states and the District of Columbia. Founded in 1914, the company has been rated “A” or better by A.M. Best for 90 years, and is one of the top personal lines property casualty insurance groups in the United States, according to the National Association of Insurance Commissioners. The company has been repeatedly named one of the 50 most community-minded companies in America by Points of Light. Read more at csaa-insurance.aaa.com.